HPQ Silicon Inc V.HPQ

Alternate Symbol(s): HPQFF

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the three pillars: becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the Fumed Silica Reactor, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis; becoming a producer of silicon-based anode materials for battery applications with the assistance of Novacium SAS, and Novacium SAS is engaged in developing a low carbon, chemical base on demand and high-pressure autonomous hydrogen production system. The Company operates in a single operating segment, segment, being the sector of the transformation of quartz into silicon materials and derivative products.

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HPQ Silicon Inc

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Comment by Napoleon001on Feb 22, 2016 4:37pm

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Post# 24583082

RE:RE:UBR.v - back to topic: Polysilica technology disruptor

That $50K CAD places PYR in possession of 1,000,000 UBR shares and another 1,000,000 shares assuming they exercise the warrants. They're probably feeling pretty good about that right now.

"For 2016, the greater of 10% of Uragold sales of Si or $50,000 CAD;

-For 2017, the greater of 10% of Uragold sales of Si or $100,000 CAD;

-For 2018, the greater of 10% of Uragold sales of Si or $150,000 CAD;

-For 2019 and beyond, the greater of 10% of Uragold sales of Si or $200,000 CAD per annum;

-The Parties have agreed that the 2016 payment will be made immediately through the issuance of 1,000,000 Unit of Uragold Capital. Each Unit will be comprised of one (1) common share and one (1) common share purchase warrant ("Warrant") of Uragold. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of Uragold at an exercise price of $ 0.07 during a period of 36 months from the date of the issuance of the Units."